Kalmar Announces Center for Technological Innovation in Sweden

Kalmar, part of Cargotec, has officially inaugurated its new
Innovation Centre in Ljungby, southern Sweden.

Approximately 200 people will be based at the state of the art
facility that has been designed to support new collaborative ways
of working with modern architecture and cutting edge technology.

The new site will act as a focal point for further strengthening
Kalmar's digital offering, R&D capabilities, and prototype
production and testing for the company's mobile equipment
portfolio and related services. It will also serve as a key hub
for developing Kalmar's digitalisation capabilities,
zero-emission machine product portfolio and automation
technologies.

The Innovation Centre will also provide a showroom for customers
to learn first hand about Kalmar's latest innovations and test
Kalmar solutions at the brand new test track where machines can
be driven at full speed.

Dan Pettersson, Senior Vice President, Mobile Equipment, Kalmar:
"We are exceptionally proud to open the doors of this fantastic
new centre, which represents a long-term investment in our
digital capabilities and technologies. By gathering a diverse
team of experts together in one place, we can innovate faster and
reap the rewards of truly collaborative ways of working in order
to strengthen our position as an industry leader."

Antti Kaunonen, President, Kalmar: "Kalmar wants to shape the
future of cargo and material handling. We believe that open
innovation and co-creation are key elements of driving greater
efficiency and sustainability across the entire value chain.
Digitalisation has opened up a world of possibilities for Kalmar
and our customers, and this new centre will play a significant
role in helping us to realise innovations around these
opportunities. We are looking forward to taking the next steps
into the future together."

Approximately 250 guests attended the opening ceremony, which
featured a futuristic theme centred around movement and
innovation.